India Used Vehicle Researching The Market Report- 2018

India Used Vehicle Industry Outlook to 2018 – Shifting Focus of Key Car manufacturers on Used Vehicle Business” presents an extensive research into the industry aspects including market size by value and volume, market segmentation by kind of cars, by business structure, by distribution channels involved by major metropolitan areas. The report also entails the share of the market analysis and company profiles of major gamers together with trends and developments. Case study supplying experience around the consumer preference and behavior particularly in online segment from the market has additionally been talked about within the publication. The near future analysis, macro-economic factors and government rules are also talked about in the market research report.

Till about about ten years ago, the used vehicle market in India was centered through the unorganized gamers for example street level and self-hired used vehicle sellers, road side mechanics who weren’t licensed through the Government asia by the vehicle proprietors themselves. There have been word-of-mouth ads which handled the majority of the industry. Additionally for this, there have been very few famous labels entering the used vehicle market until lately.

At the moment, only ~% from the used vehicle market in India is organized (in volume terms) as in comparison towards the unorganized area of the market. The organized used vehicle retailers offer exchange and finance schemes to be able to attract a lot of purchasers in to the used vehicle business. The used vehicle sales within this market has acquired and it has been growing in a CAGR of nearly 21.1% (in revenue terms) throughout FY’2008-FY’2013 and it is likely to grow even more weight loss carmakers are entering within the used vehicle market.

The used vehicle market in India may also be segmented into four major groups of cars. According to industry standards, the A segment includes entry-level cars with length under 3.6 meters and B segment includes compact cars with length under 4 meters. D+ segment cars were the biggest cause of the marketplace revenue by FY’2013 then D segment cars having a combined share of ~% for. Both A and B segments led nearly ~% towards the revenue produced through the used cars in India, as recorded in FY’2013.

The C2C funnel from the used vehicle market includes the unorganized gamers which facilitates the exchange of used cars between customers and self-hired retailers who are clients within this market sooner or later of your time, The C2C funnel led ~% towards the total revenue produced through the used vehicle market in India and it is contribution came to INR ~ million by FY’2013. So far as the Business to business and B2C channels are worried, they led ~% and ~% correspondingly towards the total market revenue in FY’2013. The Delhi NCR region observed the greatest amount of used vehicle sales comprising roughly ~% from the total volume offered as with FY’2013. Multi-brand showrooms an internet-based vehicle sites together taken nearly~% from the used vehicle market revenue as recorded in FY’2013.

The main market gamers within the used vehicle market in India at the moment are Maruti, Tata, Mahindra, Hyundai, Honda and Toyota. In FY’2013, Maruti True Value were built with a share of the market of ~% within the entire market based on the level of used cars offered which came to roughly ~ used cars in FY’2013 as in comparison to ~ used cars offered in FY’2012. The used vehicle segment of Hyundai Advantage offered nearly ~ used cars in FY’2013 that was ~% from the share of used vehicle market in India

Key Subjects Covered within the Report:

Market size India Used Vehicle market size when it comes to value and volume, FY’2008-FY’2013 Market Size Online used vehicle market, FY’2008-FY’2013 India Used vehicle market segmentation by business structure (by value and volume), by kinds of cars offered (by value and volume), by distribution and marketing channels by major metropolitan areas. Share of the market of major gamers in overall an internet-based used vehicle market in India Trends and Developments and Government rules within the used vehicle market in India Company profiles from the major gamers operating in India used vehicle market. Customer profile of internet used vehicle purchasers in India Competitive landscape of major online sites of used cars in India Future forecasts and macro economic factors from the India used vehicle market

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